This Solicitation opportunity from New Jersey was posted on May 9, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
RFQ-Insurance Consultant
Contract Overview
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The City of Elizabeth, Department of Administration, is seeking qualification statements from experienced individuals and firms to serve as Insurance Consultants for Fiscal Year 2024, covering the period from July 1, 2024, through June 30, 2025. This Request for Qualifications is designed to pre-qualify prospective consultants based on their professional experience and expertise to provide insurance guidance to the city. The selection process is being conducted under a fair and open process in accordance with N.J.S.A. 40A:11-5 (a)(i) and Chapter 19, P.L. 2004-N.J.S.A. 19:44A-20.5 et seq., and may result in the selection of one or more firms. Interested parties must submit one original and two copies of their qualification statement proposals to Marie Krupinski at the City of Elizabeth offices by 4:00 P.M. on Friday, June 14, 2024. The successful consultant will be required to execute a formal contract including specific provisions for licensing, insurance, termination, and indemnification. As the fourth largest city in New Jersey with an operating budget of approximately 270 million dollars and a population exceeding 130,000, the City of Elizabeth requires professional consulting to effectively manage its insurance portfolio and support its various municipal services.
General Info
Place of Performance
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Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
City of Elizabeth,
County of Union, New Jersey
REQUEST FOR QUALIFICATIONS
Insurance Consultant
Contract Term
Fiscal Year 2024 (July 1, 2024 through June 30, 2025)
SUBMISSION DEADLINE
4:00 P.M.
Friday
jUNE 14, 2024
ADDRESS ALL QUALIFICATION STATEMENT PROPOSALS IN THE FORM REQUIRED IN THE SPECIFICATIONS AND ONE (1) ORIGINAL AND (2) COPIES MUST BE DELIVERED TO:
Marie Krupinski
Asst. Business Administrator
CITY OF ELIZABETH
50 WINFIELD SCOTT PLAZA
ELIZABETH, NJ 07201
GENERAL INFORMATION & SUMMARY
ORGANIZATION REQUESTING QUALIFICATION STATEMENTS (PROPOSALS)
CITY OF ELIZABETH
Department of Administration
50 WINFIELD SCOTT PLAZA
ELIZABETH, NJ 07201
CONTACT PERSON
Marie Krupinski
CITY OF ELIZABETH
DEPARTMENT of Administration
50 WINFIELD SCOTT PLAZA
ELIZABETH, NEW JERSEY 07201
+1 (555) 000-0000
PURPOSE OF REQUEST
This document, entitled a Request for Qualifications for a consultant to provide insurance consulting and is issued by the Department of Administration, City of Elizabeth. This Request for Qualifications (RFQ) is for the sole purpose of pre-qualifying prospective Consultants on Qualification Statements and experience achieved in this field.
This RFQ does not constitute a bid and is intended solely to obtain qualifications from which the City of Elizabeth (“the City”) may choose counsel that best meets the City’s needs. It is the City’s intent that no statutory, regulatory, or common law bidding requirement apply to this RFQ. The City intends to award contracts for these services pursuant to N.J.S.A. 40A:11-5 (a)(i) and Chapter 19, P.L. 2004-N.J.S.A. 19:44A-20.5 et seq. One or more individuals/firms may be selected to provide services. Accordingly, this Request For Qualifications is being solicited under a fair and open process.
PERIOD OF CONTRACT
Fiscal Year (July 1, 2024 through June 30, 2025)
CONTRACT FORM
The successful Firm shall be required to execute the City’s contract, which includes the indemnification, insurance, termination and licensing provisions.
It is also agreed and understood that the acceptance of the final payment by the Contractor shall be considered a release in full of all claims against the City arising out of, or by reason of, the work done and materials furnished under this Contract.
DETAILED REQUIREMENTS OF THE
REQUEST FOR QUALIFICATIONS FOR Insurance Consultant
1. CITY OF ELIZABETH-FACTS AND FIGURES – The City of Elizabeth is a legal, governmental entity. The City was incorporated in 1855 and operates under N.J.S.A 40:69A-1 et seq., “the Optional Municipal Charter Law-Mayor-Council Plan.”. The legislative authority and responsibilities of the City of Elizabeth is vested in the elected nine-member City Council. The executive power of the City is exercised by the Mayor who is responsible for enforcing the ordinances and general laws of the City.
The City of Elizabeth is the fourth largest city in New Jersey. The City’s population is in excess of 130,000 and it consists of approximately 11.7 square miles of area. The City employs approximately 1,500 people. A regional center of labor, retail, manufacturing, and transportation, the City is also the County seat of Union County, attracting the corresponding concentration of government, legal and related professional services. The largest employment sectors in the City include commercial, health, transportation, construction, retail and light industry.
The City’s operating budget is approximately $270 million. It provides a variety of services consisting of police and fire protection, maintenance of City streets, water and sewer systems, health and human services, park and recreational facilities, cultural activities, and refuse collection.
2. NATURE/ SCOPE OF SERVICES – The City of Elizabeth is requesting proposals from qualified individuals and firms to provide the insurance consulting which includes but is not limited to the following:
1.Provide the Department of Administration with insurance guidance for its s
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